Banksters Are Going to Grab Depositors Money
| Bailouts begin – total system collapse temporarily averted (for now) | |
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Three US banks collapsed last week (Silvergate, Silicon Valley Bank and Signature). Contagion took hold and quickly began to spread to other banks.
The entire US banking system would have collapsed starting today if not for the FDIC jumping in and offering to rescue even non-insured depositors at SVB. The problem is that the FDIC has now essentially run out of funds to cover any more banks that fail. What all this means is that the Treasury and Fed are going to have to print money to prop up failing banks. And that’s going to cause inflation to skyrocket even more. |
The claim that the FDIC is bailing out depositors without using “taxpayer money” is a lie
Mathematically, what all this means is that the Treasury and Fed are going to have to print money to prop up failing banks, especially as contagion spreads and more banks crater as the Fed raises interest rates — a kind of “controlled demolition” of the US economy and stock market.
This is going to dilute the value of dollars and cause huge inflation increases across all the products you normally buy, such as groceries, housing, clothing, fuel and so on.
All this printed money is created as debt on the shoulders of US taxpayers, and the government will move to confiscate more and more money from the American people to try to shore up the financial nightmare that it created. Joe Biden is already pushing much higher taxes, even as the USA is on track (with new spending programs) to hit over $50 trillion in national debt by 2030.
Let there be no illusions about how this ends: The total collapse of the dollar, the banking system and the USA as we know it.
Perhaps that was the plan all along.
Hear today’s Situation Update podcast for full details (and an action plan to financially survive all this):
– Janet Yellen announces Treasury “backstop” of deposits for THREE failed banks
– FDIC says it will use its Deposit Insurance Fund (DIF) money
– Claims “no taxpayer money” will be used for bailout – but it’s A LIE
– FDIC only has $100 billion max, and bailouts will cost MORE
– After FDIC burns through cash, Fed will PRINT money for bailouts
– Banks encouraged to act recklessly, running risky bets that fail
– We’ve entered the chapter where Fed prints money to bail out all the failed banks
– This will cause #inflation and dollar devaluation – currency collapse
– There are nearly $10 TRILLION in bank deposits across the USA
– Over $300 trillion in derivatives exposures among banks
– FDIC has already burned through all its cash as of today
– How will FDIC cover the NEXT bank collapse?
– Rational people will pull money out of banks to reduce risk of exposure to collapse
– More people will move to gold, silver, crypto, ammo and other hard assets
– As Fed raises interest rates even higher, more banks will fail
– Controlled demolition of the banking sector and the US economy
Brighteon: Brighteon.com/63bbbb36-72ed-4bd9-ad2c-15689995587f
Rumble: Rumble.com/v2cx4p8-situation-update-31323-the-non-bailout-bailout-commences….html
Bitchute: Bitchute.com/video/WyJI2TxVKqwv/
Banned.Video: Banned.video/watch?id=640f0b20a7f0a8504689e19e
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